>> if you think the fiscal cliff will be avoided, this is the stock to buy. we get no vacation they come up with a deal. they need more time to come up with a deal. no vacation until we get legislation. >> finally, we're going to get gms numbers in a few minutes here. >> these are big. >> you have a group of companies that have warned for the quarter. overwhelming number of guidance for the quarter has been negative. housing and autos. tail winds are here. >> it's the international companies that have been so disappointing. this will be a break if gm and ford can overcome the gravitational pull particularly of europe and with europe getting better in terms of finances, these might be a place to go. >> you said that a lot of these companies are going to be managing down in europe for years to come. that hasn't changed. >> no. when i see rates go down big, i always like stocks and now businesses have to follow. >> we'll see you tonight. 6:00 and 11:00 p.m. eastern time. when we come back, wall street getting ready for probably the breaking news of the day. ism